JOHN AND AMY PHELAN FAMILY FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- JOHN AND AMY PHELAN FAMILY FOUNDATION (EIN 46-1579312)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-05
- IRS object ID
- 201503099349100420
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- General Explanation Attachment
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-05T15:05:45-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100362602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461579312 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN AND AMY PHELAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 2123031650 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 645 5TH AVENUE 21ST FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN C PHELAN | PersonNm |
| Person Title | PRESIDENT/ TREASURER | PersonTitleTxt |
| Phone | 2123031650 | PhoneNum |
| Signature | 2015-10-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NANCY BLUME | PreparerPersonNm |
| PTIN | P00185943 | PTIN |
| Phone | 2123721000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,403,817 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $4,252,640 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $439 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $439 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,326,476 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,246,994 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,250,523 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $594,252 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $598,867 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,173,807 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,849,829 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $25,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $25,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $84,168 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,514 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $700 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $814 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $110,682 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $700 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $25,814 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $841,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $841,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $951,682 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $700 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $866,814 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $5,222,125 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,849,129 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,966,174 | CashBOYAmt |
| Cash EOY | $97,794 | CashEOYAmt |
| Cash EOYFMV | $97,794 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $5,164,131 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,164,131 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $16,424,865 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $18,351,239 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $21,141,892 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $18,391,039 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,613,164 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,403,817 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $18,391,039 | RetainedEarningBOYAmt |
| Retained Earning EOY | $23,613,164 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,391,039 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,613,164 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,391,039 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $23,613,164 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,391,039 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $5,222,125 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $23,613,164 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $23,613,164 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 63,406 SHRS DELPHI PLC | 2009-07-30 | 2014-03-04 | $4,246,994 | $322,345 | $3,924,649 | $3,924,649 | |
| MSD CREDIT OPPORTUNITY FUND LP (STCG) | 2014-12-31 | 2014-12-31 | $19,048 | $19,048 | D | ||
| MSD CREDIT OPPORTUNITY FUND LP (LTCG) | 2014-12-31 | 2014-12-31 | $67,821 | $67,821 | D | ||
| MSD ENERGY PARTNERS LP (STCG) | 2014-12-31 | 2014-12-31 | $133,466 | $133,466 | D | ||
| MSD ENERGY PARTNERS LP (LTCG) | 2014-12-31 | 2014-12-31 | $90,710 | $90,710 | D | ||
| MSD ENERGY PARTNERS LP (STCL - SECTION 1256) | 2014-12-31 | 2014-12-31 | -$2,105 | -$2,105 | D | ||
| MSD ENERGY PARTNERS LP (LTCL - SECTION 1256) | 2014-12-31 | 2014-12-31 | -$3,158 | -$3,158 | D | ||
| MSD EUROPEAN OPPORTUNITY FUND LP (STCG) | 2014-12-31 | 2014-12-31 | -$38,796 | -$38,796 | D | ||
| MSD EUROPEAN OPPORTUNITY FUND LP (LTCG) | 2014-12-31 | 2014-12-31 | $126,409 | $126,409 | D | ||
| MSD EUROPEAN OPPORTUNITY FUND LP (STCG - SECTION 1256) | 2014-12-31 | 2014-12-31 | $14,988 | $14,988 | D | ||
| MSD EUROPEAN OPPORTUNITY FUND LP (LTCG - SECTION 1256) | 2014-12-31 | 2014-12-31 | $22,481 | $22,481 | D | ||
| MSD SBI LP (STCG) | 2014-12-31 | 2014-12-31 | $9,123 | $9,123 | D | ||
| MSD SBI LP (LTCG) | 2014-12-31 | 2014-12-31 | $191,660 | $191,660 | D | ||
| MSD TORCHLIGHT PARTNERS LP (STCG) | 2014-12-31 | 2014-12-31 | $73,199 | $73,199 | D | ||
| MSD TORCHLIGHT PARTNERS LP (LTCG) | 2014-12-31 | 2014-12-31 | $87,685 | $87,685 | D | ||
| MSD VALUE FUND LP (STCG) | 2014-12-31 | 2014-12-31 | $185,374 | $185,374 | D | ||
| MSD VALUE FUND LP (LTCG) | 2014-12-31 | 2014-12-31 | $354,217 | $354,217 | D | ||
| UBIT FROM CREDIT OPPORTUNITY FUND LP (STCG) | 2014-12-31 | 2014-12-31 | -$31 | -$31 | D | ||
| UBIT FROM CREDIT OPPORTUNITY FUND LP (LTCG) | 2014-12-31 | 2014-12-31 | -$411 | -$411 | D | ||
| UBIT FROM MSD ENERGY PARTNERS LP (STCG) | 2014-12-31 | 2014-12-31 | -$2,193 | -$2,193 | D | ||
| UBIT FROM MSD ENERGY PARTNERS LP (LTCG) | 2014-12-31 | 2014-12-31 | -$1,462 | -$1,462 | D | ||
| UBIT FROM MSD EUROPEAN OPPORTUNITY FUND LP (LTCG) | 2014-12-31 | 2014-12-31 | -$2,151 | -$2,151 | D |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,250,523 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,045 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $17,536,603 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.000117 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $0 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $15,760,000 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.000000 | DistributionYr2Rt |
| Total Distribution | 0.000117 | TotalDistributionRt |
| Average Distribution | 0.000059 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $25,029,596 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,477 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $58,491 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $59,968 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $866,814 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $58,491 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $58,491 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $58,491 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $60,517 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $14,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $74,517 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $27 | EsPenaltyAmt |
| Overpayment | $15,999 | OverpaymentAmt |
| Applied To ES Tax | $15,999 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JOHN C PHELAN | IndividualWithBooksNm |
| Phone | 2123031650 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 645 5TH AVENUE 21ST FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JOHN C PHELAN | ||||||||
| 645 5TH AVENUE 21ST FLOOR | NEW YORK | NY | 10022 | PRESIDENT/TREASURER | 1.00 | $0 | $0 | $0 |
| AMY PHELAN | ||||||||
| 645 5TH AVENUE 21ST FLOOR | NEW YORK | NY | 10022 | VICE PRESIDENT/SECRETARY | 1.00 | $0 | $0 | $0 |
| GLENN R FUHRMAN | ||||||||
| 645 5TH AVENUE 21ST FLOOR | NEW YORK | NY | 10022 | ASST. TREASURER/SECRETARY | 1.00 | $0 | $0 | $0 |
| MARC LISKER | ||||||||
| 645 5TH AVENUE 21ST FLOOR | NEW YORK | NY | 10022 | ASST. TREASURER/SECRETARY | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,405,266 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $20,005,491 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,410,757 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $25,410,757 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $381,161 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,029,596 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,251,480 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,251,480 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $58,491 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $52 | IncomeTaxAmt |
| Total Tax | $58,543 | TotalTaxAmt |
| Distributable Before Adj | $1,192,937 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,192,937 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,192,937 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $866,814 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $866,814 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $58,491 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $808,323 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,192,937 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $840,305 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $866,814 | QualifyingDistributionsAmt |
| Applied To Year1 | $840,305 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $26,509 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,166,428 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN C PHELAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BOYS AND GIRLS CLUBS OF BOSTON INC | |||||||||||
| 50 CONGRESS STREET STE 730 | BOSTON | MA | 021094402 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $11,000 | ||||
| CARTER BURDEN CENTER FOR THE AGING | |||||||||||
| 1484 1ST AVENUE | NEW YORK | NY | 10075 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $5,000 | ||||
| CHILD MIND INSTITUTE | |||||||||||
| 445 PARK AVENUE | NEW YORK | NY | 10022 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $100,000 | ||||
| LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENSE | |||||||||||
| NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $100,000 | HOUGHTON STREET | LONDON | UK | WC2A 2AE | ||||
| SCHWAB DONOR ADVISED FUND | |||||||||||
| SCHWAB CHARITABLE PO BOX 628298 | ORLANDO | FL | 32862 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $525,000 | ||||
| WHITNEY MUSEUM OF AMERICAN ART | |||||||||||
| 99 GANSEVOORT STREET | NEW YORK | NY | 10014 | NONE | PC | FOR DONEE'S EXEMPT PURPOSE | $100,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $841,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $439 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $598,867 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $6,248 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,320,228 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UBIT INCOME FROM LIMITED PARTNERSHIPS | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$4,615 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1,633 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,919,534 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,921,167 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | JOHN C PHELAN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 645 5TH AVENUE 21ST FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $4,252,640 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 63,406 SHARES OF DELPHI PLC | NoncashPropertyDesc |
| Fair Market Value | $4,252,640 | FairMarketValueAmt |
| Received | 2014-03-04 | ReceivedDt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF, PART VII-A, LINE 12 | FormAndLineReferenceDesc |
| Medium Explanation | THE JOHN AND AMY PHELAN FAMILY FOUNDATION MADE CHARITABLE GIFTS IN THE YEAR ENDED 12/31/2014 TO DONOR ADVISED FUNDS THAT IT TREATED AS QUALIFIED DISTRIBUTIONS. ALL CONTRIBUTIONS ARE BEING USED TO SUPPORT CHARITABLE PURPOSES AS DESCRIBED IN 170(C)(2)(B). ALL DISTRIBUTIONS WILL BE USED TO FURTHER MEDICAL, ENVIRONMENT, POVERTY AND EDUCATIONAL EFFORTS. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MSD CREDIT OPPORTUNITY FUND L.P. | FMV | $2,245,806 | $2,183,898 |
| MSD ENERGY PARTNERS, L.P. | FMV | $2,163,446 | $2,058,022 |
| MSD EUROPEAN OPPORTUNITY FUND L.P. | FMV | $2,245,235 | $2,225,570 |
| MSD SBI, L.P. | FMV | $3,191,584 | $4,404,070 |
| MSD TORCHLIGHT PARTNERS, L.P. | FMV | $2,258,064 | $3,124,541 |
| MSD VALUE INVESTMENTS L.P. | FMV | $6,247,104 | $7,145,791 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEE | $700 | $700 | $0 |
| DELAWARE FILING FEE | $64 | $0 | $64 |
| NYS FILING FEE | $750 | $0 | $750 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| MSD CREDIT OPPORTUNITY FUND LP | $157,672 | $183,240 | $157,672 |
| MSD CREDIT OPPORTUNITY FUND LP (UBTI) | $0 | -$25,568 | $0 |
| MSD ENERGY PARTNERS LP | $51,879 | $48,396 | $51,879 |
| MSD ENERGY PARTNERS LP (UBTI) | $0 | $3,483 | $0 |
| MSD EUROPEAN OPPORTUNITY FUND LP | $122,099 | $122,102 | $122,099 |
| MSD EUROPEAN OPPORTUNITY FUND LP (UBTI) | $0 | -$3 | $0 |
| MSD SBI LP | $37,804 | $37,804 | $37,804 |
| MSD TORCHLIGHT PARTNERS LP | $69,423 | $42,720 | $69,423 |
| MSD TORCHLIGHT PARTNERS LP (UBTI) | $0 | $26,703 | $0 |
| MSD VALUE FUND LP | $159,990 | $159,990 | $159,990 |
| UBIT INCOME FROM LIMITED PARTNERSHIPS | -$4,615 | -$4,615 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TRUST FEES | CategoryTxt |
| Amt | $25,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $25,000 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX | $83,000 | $0 | $0 |
| FEDERAL CORP TAX | $918 | $0 | $0 |
| NYS CORP TAX | $250 | $0 | $0 |
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